Toray Industries (OTCMKTS:TRYIY) Reaches New 52-Week High – Here’s What Happened

Shares of Toray Industries, Inc. (OTCMKTS:TRYIYGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $14.80 and last traded at $14.17, with a volume of 15218 shares traded. The stock had previously closed at $14.40.

Toray Industries Trading Down 1.6 %

The company has a market cap of $11.35 billion, a P/E ratio of 34.57 and a beta of 0.74. The business has a 50 day moving average price of $13.60 and a 200-day moving average price of $12.44.

Toray Industries (OTCMKTS:TRYIYGet Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $0.16 earnings per share (EPS) for the quarter. Toray Industries had a net margin of 1.97% and a return on equity of 2.62%. On average, sell-side analysts expect that Toray Industries, Inc. will post 0.73 earnings per share for the current year.

About Toray Industries

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Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.

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